La Française de l’Energie: 1st Production of Green Power in Northern France
22 Juin 2017 - 12:11PM
Business Wire
Regulatory News:
La Française de l’Energie (Paris:LFDE) (Euronext : LFDE -
ISIN: FR0013030152), , is pleased to announce the first production,
in Northern France, of green power generated with gas captured in
the former mining galleries before its release to the air.
Ahead of schedule, La Française de l’Energie (LFDE) has started
generating green power with an installed capacity of 1.5MW in
Lourches. The gas captured in the former coal mining galleries is
converted into green power sold to EDF OA.
This gas to green power generation is sold under a 15-year
guaranteed Feed-in Tarif providing stable annual revenues of over
650k€.
3 additional sites in Northern France have been installed and
will start generating green power over the next few days. The
installed capacity of its gas to green power activity will reach
9MW by 30th of June 2017 matching the electricity needs of a city
of 40 000 people.
The rapid progress of its gas to green power activity confirms
the innovative approach of La Française de l’Energie that focuses
on providing an environmentally and economically competitive energy
while saving hundred thousand of greenhouse gas emissions per
annum.
With over 100 000 km of former mining galleries connected to
coal seams releasing gas in Northern France, La Française de
l’Energie enjoys a significant growth potential to capture a large
volume of additional gas before its release to the
atmosphere.
Please watch a recent France 3 TV report on the
company dated 24th of may 2017(from 6 min 40 s
onwards) :http://france3-regions.francetvinfo.fr/hauts-de-france/emissions/jt-1920-nord-pas-de-calais
Reuters code: LFDE.PABloomberg code: LFDE.FP
About La Française de l’EnergieLa Française de l’Energie
is a SME headquartered in Lorraine, leader in industrial ecology,
specialised in gas recovery in the former coal mining basins of
North and Eastern France. La Francaise de l’Energie provides gas,
green electricity and heat to regional consumers, replacing
imported energy with a cleaner local alternative. La Française de
l'Energie benefits from a strong growth potential and aims to
become a major energy player in Europe. The company has also been
awarded the innovative enterprise label from Bpifrance.
More information on: www.francaisedelenergie.fr
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version on businesswire.com: http://www.businesswire.com/news/home/20170622005507/en/
La Française de l’EnergieContact PresseSolène
Kennis, + 33 3 87 04 34
51contact@francaisedelenergie.frorRelations
InvestisseursSolène Kennis, +33 1 75 77 54
65skennis@aelium.fr